Trump plans 200% tariff on European wine as retaliation
President Donald Trump is considering a 200% tariff on European wines, champagne, and spirits in response to the European Union’s planned tariff on American whiskey. This development follows an ongoing trade dispute, igniting concerns among industry leaders and international trade analysts. The U.S.-EU trade tensions could have significant economic repercussions, raising prices for consumers and impacting global industry dynamics. Both sides are urged to engage in dialogue to resolve the dispute and avert the potential economic fallout.